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Toronto Hydro 2012 CR Report

INTRODUCTION OUR SERVICES OUR WORKFORCE OUR ENVIRONMENTal
INITIATIVES
OUR COMMUNITY
OUTREACH
OUR ECONOMIC
PERFORMANCE
OUR GOVERNANCE, COMPLIANCE
AND BUSINESS CONDUCT
Regulator
Toronto Hydro’s rates and services are regulated by the Ontario Energy Board (OEB), an independent
provincial government agency. At any time, we may have applications under review, and may be
participating in other OEB-sponsored proceedings. For example:
• In May of 2012, we filed a comprehensive application under a new OEB regulatory framework for
rates and capital projects for 2012 through 2014. The application was a first in the sector that
covered a multi-year period and contained unprecedented detail on hundreds of proposed capital
projects addressing essential work to maintain the adequacy, reliability and safety of our electricity
distribution system.
• Together with a group of leading electricity and gas distributors, we have been participating
actively in the OEB consultation on its Renewed Regulatory Framework for Electricity, which
concerned virtually all major aspects of the regulation of electricity distributors in Ontario.
The focus of our contributions included the appropriate treatment of capital investment in
electricity systems so that those systems can be renewed as required.
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